Mortgage -- Struggling to pay mortgage -- Complaint #8682662

Complaint Overview

Complaint ID: 8682662

Company: Select Portfolio Servicing, INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Struggling to pay mortgage

Sub-Issue: Trying to communicate with the company to fix an issue related to modification, forbearance, short sale, deed-in-lieu, bankruptcy, or foreclosure

State: Georgia

ZIP Code: 30066

Date Received: 2024-04-02T12:00:00-05:00

Date Sent to Company: 2024-04-02T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

To whom it may concern : I need to file a complaint with SPS. The application of the funds received from the Illinois Homeowner Assistance Program was not applied correctly. Per attached, the property XXXX XXXX XXXX XXXX XXXX, IL received {$11000.00} to be applied to the past due delinquency for the mortgage. XX/XX/XXXX. I was notified in XX/XX/XXXX that SPS is trying to collect {$2900.00} of advanced expenses to me as the homeowner even though SPS received the funds from the Illinois Homeowner Assistance Program that covered past due delinquency and all fees included. The {$2900.00} was included in the {$11000.00} from the State of Illinois. This discrepancy is causing a lot of confusion and is hurting me as a consumer due to SPS failure to properly apply the funds. I am requesting a full investigation into what happened to the funds received from the Illinois Homeowner Assistance Fund.

Frequently Asked Questions

What is Complaint #8682662 about?

Complaint #8682662 was filed against Select Portfolio Servicing, INC. regarding Mortgage specifically about Struggling to pay mortgage. It was received by the CFPB on 2024-04-02T12:00:00-05:00.

How did Select Portfolio Servicing, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Select Portfolio Servicing, INC.?

Yes, visit the Select Portfolio Servicing, INC. company profile at readthecomplaint.com/company/select-portfolio-servicing-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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